Waga Energy
WAGA.PA
#7085
Rank
C$0.58 B
Marketcap
$23.19
Share price
-2.52%
Change (1 day)
-36.91%
Change (1 year)

P/E ratio for Waga Energy (WAGA.PA)

P/E ratio at the end of 2023: -30.7

According to Waga Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.7133. At the end of 2023 the company had a P/E ratio of -30.7.

P/E ratio history for Waga Energy from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-30.7-44.46%
2022-55.2-12.1%
2021-62.8

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.